About Presenso
Presenso is a Technology company based in Haifa (Israel) founded in 2015, and was acquired by SKF in October 2019. It operates as an acoustics-based condition monitoring solutions for industrial machines are provided. It operates in the Technology and Industrial Goods & Manufacturing sectors. Presenso has raised $2 million across 2 funding rounds from investors including SKF, EDP Ventures and AfterDox. Presenso offers products and services including Predictive Maintenance, Advanced Analytics, and Data Integration. Its focus areas include Enterprise Applications, Manufacturing Tech, Enterprise Asset Management and Maintenance Management. Its competitors include Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Presenso was founded in 2015 in Haifa, Israel, and operates in the industrial technology sector. Deep learning systems are utilized to analyze acoustics and big data for predicting machine failures. Operational intelligence and semantic insights about equipment conditions are delivered through cognitive software. Recommendations for solutions are generated using machine learning algorithms, focusing on maximizing machine up-time in manufacturing environments.
- Headquarters Haifa, Israel
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Website presenso.com
- Social LinkedIn X Facebook
- Acquired by SKF (Oct 2019)
Products & Services of Presenso
Presenso offers a comprehensive portfolio of products and services, including Predictive Maintenance, Advanced Analytics, and Data Integration.
Uses analytics to forecast equipment failures and reduce downtime.
Leverages big data for operational optimization and decision-making.
Integrates diverse sources to enhance efficiency and strategies.
Funding Insights of Presenso
Presenso has successfully raised a total of $2M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 2
- First Round $2M
(Jun 2016)
- Investors Count 4
All 2 funding rounds of Presenso with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | – | Series A | – | EDP Ventures | – |
| Jun 2016 | $2M | Seed | – | AfterDox |
5 investors in total: 5 institutional.
Investors in Presenso
Presenso has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include SKF, EDP Ventures and AfterDox.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | edpventures.vc | - | |
- | – | afterdox.com | - | |
SeedIL Ventures is engaged in providing seed funding and support to early-stage Israeli startups. | 2018 | seedil.com | Herzliya, Israel | |
Venture capital firm focused on seed-stage investments | – | joulevc.com | Tel Aviv, Israel | |
Manufacturer of bearings and seals | 1907 | skf.com | Gothenburg, Sweden |
Investor details for Presenso
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Timeline of Presenso
4 dated milestones of Presenso across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Presenso is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A,.
- Exit Acquired by SKF.
Competitors of Presenso
Presenso has 10 listed competitors in our database, 9 of them funded. They include Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| uptimeai.com | 2019 | San Francisco, United States | $19M | 36 | Provider of cloud based management solutions | |
| augury.com | 2012 | New York, United States | $369.19M | – | Provider of IoT and cloud-based machine analytics and predictive maintenance solutions | |
| uptake.com | 2014 | Chicago, United States | $282.26M | 53 | Cloud-based predictive analytics platform is utilized for asset maintenance insights. | |
| thingworx.com | 2009 | Boston, United States | $18.4M | 2,559 | Platform to build and run applications for connected devices | |
| tractian.com | 2019 | Sao Paulo, Brazil | $196.18M | – | Provider of industrial maintenance and reliability solutions using sensors and software | |
| sparkcognition.com | 2013 | Austin, United States | $285.88M | 136 | AI based platform offering predictive analytics solution | |
| infinite-uptime.com | 2015 | Alpharetta, United States | $67.48M | – | AI-powered predictive maintenance solutions are provided for industrial equipment reliability. | |
| upkeep.com | 2015 | Los Angeles, United States | $48.71M | 138 | Web-enabled solutions for asset operations and maintenance management are offered. | |
| symphonyai.com | 2017 | Palo Alto, United States | – | – | AI and SaaS-based solutions for digital transformation | |
| icareweb.com | 2004 | Mons, Belgium | $48.99M | 5 | Predictive maintenance solutions are provided for industrial equipment. |
Detailed competitors of Presenso
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Top companies in AI Core Platforms & Infrastructure
10 companies that operate in the same segment as Presenso (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | – | 11,115 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 132.31 B | – | 6,146 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | – | 325 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Citation-based AI answer engine with real-time sourcing is operated. | 2022 | San Francisco, California, United States | USD 1.72 B | – | 1,401 |
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Related news about Presenso
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Frequently Asked Questions about Presenso
Presenso was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Presenso is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
Presenso is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 2016.
Presenso was founded in 2015 in Haifa, Israel, and operates in the industrial technology sector. Deep learning systems are utilized to analyze acoustics and big data for predicting machine failures. Operational intelligence and semantic insights about equipment conditions are delivered through cognitive software. Recommendations for solutions are generated using machine learning algorithms, focusing on maximizing machine up-time in manufacturing environments.
Presenso's top competitors include UpKeep, Uptime AI and Infinite Uptime.
Presenso offers Predictive Maintenance, Advanced Analytics, and Data Integration.
Presenso has 5 investors. Key investors include SKF, EDP Ventures, AfterDox, SeedIL Ventures, and Joule Ventures.
Yes. Presenso was acquired by SKF in October 2019.